Recycling firm Aqua Metals Q3 net loss drops
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Aqua Metals reported a Q3 net loss of $3.1 million, an improvement from previous losses. The company raised $13 million from institutional investors for facility development and successfully processed LFP battery materials, producing battery-grade lithium carbonate. Aqua Metals aims to complete engineering for its first commercial-scale facility and plans to supply 500–1,000 metric tons of recycled nickel carbonate annually. The company has signed MOUs for deep-sea mineral exploration and has a "buy" rating from analysts, with a 12-month price target of $7.00.
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